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Express Tribune
6 days ago
- Business
- Express Tribune
NA panel reviews PTV performance
The National Assembly Standing Committee on Information and Broadcasting met on Thursday at PTV Headquarters under the chairmanship of MNA Pullain Baloch to discuss matters related to Pakistan Television (PTV). The committee was informed that PTV earned Rs7.5 billion in advertising revenue in FY 202324, surpassing its target of Rs6.2 billion. The revenue target for the current year is also expected to be met. Despite this, PTV continues to face financial challenges. A major portion of the Rs10 billion collected through the TV licence fee in electricity bills is reportedly used for salaries and pensions. The management attributed delays in salary payments to diverted funds for international financial obligations and the purchase of international media rights. The committee was also briefed on increased viewership resulting from programming enhancements and new on-screen talent, as well as ongoing efforts to upgrade the pension management system in collaboration with the Punjab Information Technology Board. Details of non-performing and politically appointed employees laid off during the current restructuring process were also shared. Addressing the delayed allotment of plots to journalists in Islamabad's Sectors F-14, F-15, and Bhara Kahu, the committee directed the Ministry to complete application scrutiny and resolve related grievances within two months. On the PEMRA (Amendment) Bill 2025, moved by MNA Asia Naz Tanoli, the committee reviewed the report submitted by its sub-committee headed by MNA Mehtab Akbar Rashdi. PEMRA was directed to provide its feedback on the recommendations. The committee instructed PTV, Pakistan Broadcasting Corporation (PBC), and Shalimar Recording and Broadcasting Company (SRBC) to ensure disbursement of salaries and pensions to all employees before the upcoming Eid. Earlier, the committee unanimously passed a resolution praising the professionalism of Pakistan's armed forces in defending national sovereignty against Indian aggression.
Hans India
24-05-2025
- Business
- Hans India
Adani Group doubles capex commitment to `1 trn in NE region
New Delhi: Billionaire Gautam Adani on Friday committed to investing an additional Rs50,000 crore over the next 10 years in green energy, road construction and creating digital infrastructure in the North Eastern states as his conglomerate looks to expand its presence in the east. This investment is on top of Rs50,000 crore that his group had committed to investing in Assam in February. Speaking at the Rising NorthEast Investors Summit here, the head of ports-to-energy conglomerate said his group's initiative will prioritise local jobs, local entrepreneurship and community engagement. 'Three months ago, in Assam, we pledged an investment of Rs50,000 crore. Today, once again, humbled and inspired by your leadership, I announce that the Adani Group will invest an additional Rs50,000 crore across the Northeast over the next 10 years,' he said in the presence of Prime Minister Narendra Modi. The investments will span green energy, including smart-meters, hydro, pumped storage, power transmission, roads & highways, digital infrastructure, logistics, as well as capacity-building through skilling and vocational training centres. 'But more than infrastructure, we will invest in people. Every initiative will prioritise local jobs, local entrepreneurship, and community engagement. This is what Viksit Bharat 2047 is all about,' he said. Adani said over the past decade, in the hills and valleys of the Northeast, a new chapter in India's growth story is unfolding. 'A story rooted in diversity, resilience, and untapped potential,' he said. 'This region is now a source of our cultural pride, economic promise, and strategic direction.' And behind this rise is the vision of Prime Minister Narendra Modi, who recognised no borders, only beginnings, he said. 'When you said, 'Act East, Act Fast, Act First, ' you gave the Northeast its wake-up call.' This has been reflected in 65 personal visits by the Prime Minister, Rs6.2 lakh crore of investment since 2014, doubling the road network to 16,000 kms and doubling the number of airports to 18. 'This is not just policy. It is your hallmark of big thinking. It is the hallmark of your belief system. It is the hallmark of your conviction in Sabka Saath - Sabka Vikas!,' he said.
India Gazette
23-05-2025
- Business
- India Gazette
Adani group to invest Rs 1 lakh crore in North East over 10 years: Gautam Adani
New Delhi [India], May 23 (ANI): Chairman of Adani group, Gautam Adani on Friday announced a massive investment of Rs 1 lakh crore across different regions of the North-Eastern part of the country over a period on next 10 years. This invemnet will double the Rs50,000 crore investment announced by the Adani Group just three months ago at the Advantage Assam 2.0 summit in February, according to the press release by Adani at 'Rising Northeast Investors Summit' in New Delhi, Gautam Adani said, 'Three months ago, in Assam, we pledged an investment of Rs50,000 crore. Today, once again, humbled and inspired by your leadership, I announce that the Adani Group will invest an additional Rs50,000 crore across the Northeast over the next 10 years.' The Adani Group Chairman further mentioned that the prime focus of Adani Groups investment will be on green energy, along with 'smart-meters, hydro, pumped storage, power transmission, roads & highways, digital infrastructure, logistics, as well as capacity-building through skilling and vocational training centres.''But more than infrastructure, we will invest in people. Every initiative will prioritize local jobs, local entrepreneurship, and community engagement,' said Gautam appreciated Prime Minister Narendra Modi vision for the North East and said 'Behind this rise is the vision of one leader who recognized no borders, only beginnings. Hon'ble Prime Minister, when you said, 'Act East, Act Fast, Act First,' you gave the Northeast its wake-up call,' Over last ten years since 2014, Adani group has invested Rs6.2 lakh crore in North Easters states, Adani group chairman said. He further added that, North-East has witnessed 'doubling the road network to 16,000 kms' and 'doubling the number of airports to 18.' He said recently, the Adani Group-owned Guwahati Airport managed 3.26 million domestic arrivals and 3.30 million domestic Gautam Adani, Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M Scindia, highlighted the transformative progress of the North Eastern states over the last decade under the leadership of Prime Minister Narendra past infrastructure gaps, the minister shared that N-E region once had only nine airports, and two states lacked any airports at PM Modi's leadership, the number of airports in North east has risen to seventeen, giving the region a new thrust in connectivity and economic integration. (ANI)
Hindustan Times
23-05-2025
- Business
- Hindustan Times
Adani Group to invest ₹1 lakh crore in northeast over 10 years: Gautam Adani
Chairman of Adani group, Gautam Adani on Friday announced a massive investment of ₹1 lakh crore across different regions of the North-Eastern part of the country over a period on next 10 years. This investment will double the ₹50,000 crore investment announced by the Adani Group just three months ago at the Advantage Assam 2.0 summit in February, according to the press release by Adani Group. Speaking at 'Rising Northeast Investors Summit' in New Delhi, Gautam Adani said, "Three months ago, in Assam, we pledged an investment of Rs50,000 crore. Today, once again, humbled and inspired by your leadership, I announce that the Adani Group will invest an additional Rs50,000 crore across the Northeast over the next 10 years." The Adani Group Chairman further mentioned that the prime focus of Adani Groups investment will be on green energy, along with "smart-meters, hydro, pumped storage, power transmission, roads & highways, digital infrastructure, logistics, as well as capacity-building through skilling and vocational training centres." "But more than infrastructure, we will invest in people. Every initiative will prioritize local jobs, local entrepreneurship, and community engagement," said Gautam Adani. He appreciated Prime Minister Narendra Modi vision for the North East and said "Behind this rise is the vision of one leader who recognized no borders, only beginnings. Hon'ble Prime Minister, when you said, "Act East, Act Fast, Act First," you gave the Northeast its wake-up call," Over last ten years since 2014, Adani group has invested Rs6.2 lakh crore in North Easters states, Adani group chairman said. He further added that, North-East has witnessed "doubling the road network to 16,000 kms" and "doubling the number of airports to 18." He said recently, the Adani Group-owned Guwahati Airport managed 3.26 million domestic arrivals and 3.30 million domestic departures. Before Gautam Adani, Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M Scindia, highlighted the transformative progress of the North Eastern states over the last decade under the leadership of Prime Minister Narendra Modi. Recounting past infrastructure gaps, the minister shared that N-E region once had only nine airports, and two states lacked any airports at all. Under PM Modi's leadership, the number of airports in North east has risen to seventeen, giving the region a new thrust in connectivity and economic integration.
India Gazette
23-05-2025
- Business
- India Gazette
Adani group to invest Rs 50,000 crores in North East over 10 years: Gautam Adani
New Delhi [India], May 23 (ANI): Chairman of Adani group, Gautam Adani on Friday announced an additional massive investment of Rs 50,000 crores across different regions of the North-Eastern part of the country over a period on next 10 years. Speaking at 'Rising Northeast Investors Summit' in New Delhi, Gautam Adani mentioned that the prime focus of Adani Groups investment will be on green energy, along with 'smart-meters, hydro, pumped storage, power transmission, roads & highways, digital infrastructure, logistics, as well as capacity-building through skilling and vocational training centres.''But more than infrastructure, we will invest in people. Every initiative will prioritize local jobs, local entrepreneurship, and community engagement,' said Gautam appreciated Prime Minister Narendra Modi vision for the North East and said 'Behind this rise is the vision of one leader who recognized no borders, only beginnings. Hon'ble Prime Minister, when you said, 'Act East, Act Fast, Act First,' you gave the Northeast its wake-up call,' Over last ten years since 2014, Adani group has invested Rs6.2 lakh crore in North Easters states, Adani group chairman said. He further added that, North-East has witnessed 'doubling the road network to 16,000 kms' and 'doubling the number of airports to 18.' He said recently, the Adani Group-owned Guwahati Airport managed 3.26 million domestic arrivals and 3.30 million domestic Gautam Adani, Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M Scindia, highlighted the transformative progress of the North Eastern states over the last decade under the leadership of Prime Minister Narendra past infrastructure gaps, the minister shared that N-E region once had only nine airports, and two states lacked any airports at PM Modi's leadership, the number of airports in North east has risen to seventeen, giving the region a new thrust in connectivity and economic integration. (ANI)
